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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667061 times)
elrippos friend
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January 08, 2019, 09:06:09 PM
 #40221

Apparently, Monero being featured in the Fortnite merch store was an oversight!

https://coincodex.com/article/2835/monero-addition-to-fortnite-merch-store-was-accidental/

Music to me ears!  And my son's ears!



Hell yeeeeaaaaahhhhhh  Grin Cheesy Wink

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January 09, 2019, 05:07:13 PM
 #40222

IT IS NOT A FLUCTUATION ANY MORE!

There are some new unknown pools or ASICs?!

According to:
https://miningpoolstats.stream/monero

XMR Network hashrate 418.88 MH/s
Sum on known pools 299.88 MH/s

Unknown hashrate is 1/3 beyond of all known pools!
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January 09, 2019, 09:54:00 PM
 #40223

Can't say I know wtf is going on here but I don't like the bolded. Monero is a testbed for nothing, it's not in beta anymore.

https://paste.debian.net/plain/1058561

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-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

#monero-dev

2019-01-03 23:24:37     anonimal        If anyone is confused or angry, I implore you to ask questions.
2019-01-03 23:25:30     thrmo   I'm just sad that you wasted so much your time and the community ditched so much money and hopes (and the opportunity to research other venues) on kovri
2019-01-03 23:25:39     thrmo   other than that I wish sekreta the best
2019-01-03 23:26:09     krakn   Can anyone fill me in on this issue?
2019-01-03 23:27:27     anonimal        krakn: which one? Sekreta questions are in #sekreta / #sekreta-dev
2019-01-03 23:28:00     krakn   What thrmo said
2019-01-03 23:28:54     anonimal        Ah, there's a very clear timeline and I can certainly harp on the various issues. Not #monero-dev worthy though for the most part.
2019-01-03 23:29:08     thrmo   this is probably not the best venue for that krakn
2019-01-03 23:29:14     krakn   Gotcha
2019-01-03 23:31:14     anonimal        So, let's clarify some of the confusion, as it's #monero-dev related.
2019-01-03 23:33:49     thrmo   please go ahead then anonimal

First, to your clarify the "so much money" claim (it's not the first time this has come up), $50k is not a lot of money for a year's wage. Market manipulation made it go in every direction. I was screwed in 2018 just like a lot of other people. I would've made more money working at ABC corp instead of Monero; less stress too, and less taxes on fake money instead of real electronic money. Oh, and did I mention how much of my time I've donated over the years?

Secondly, I do feel like I wasted *some* of my time but I'm ultimately responsible for my actions. My FFS clearly documents what has happened over the course of development. I've built this project from the ground up after everyone else abandoned it. I've also taught every developer that has come through the project - and that's not a waste of time.

Thirdly, this codebase is a steaming pile of dog-shit. Still. Because of the following reasons:

* I was the only dissenting voice before the fork that said DO NOT FORK THIS CODEBASE. I should've ignored fluffypony.
* I've only been able to dedicate ~30% of my time so far to code development because, up until now, no one else was running the project (see my FFS)
* There was no design planning, no concept of architecture, nothing but stream-of-conscience writing in the code that was forked. A very large, convoluted technology with no planning or even conventional coding standards = recipe for disaster.
* Every code change makes every other change a complete waste of time to deal with because there's no real design in place to support either. Experienced developers see the overarching problems and walk away. To simply "swap-out" old code with new code has proven to be a waste of time because all the old interfaces need to go.
* fluffypony flaked, on multiple levels, hardcore, having left me to do everything after promising before the fork that Monero contributors would be involved (why the fuck would I create Kovri if Monero wasn't going to contribute? Answer: incentive, and because I believed in Monero technology and still do, but I could've simply contributed to Monero code instead of doing this project).

In hindsight, I should've ignored everyone and done this correctly from the beginning. Kovri is an *extremely* sound idea, and is absolutely necessary as a concept; but Kovri 2.0 needs to happen before Kovri 1.0; and almost no one in this community seems to fully understand this nor care for that matter (but maybe that will change now?).

If I had my way, I'd spend the next ~4 months designing a new router implementation from the ground-up and write it from scratch. At this point though, I'm tired, and I've created a better solution with Sekreta.

Now, if you want me to hook this pile of crap into Monero, ask yourself why haven't YOU (metaphorical you) done it? Why do you expect ME to be the fall guy, yet again? Why ignore 99% of the critical-problems in favor of solving 1% of non-critical problems?

Integration and dependencies are a COMMITMENT. A REAL COMMITMENT. Do you even KNOW what you'll be committing to? Why would ANYONE here want to commit to something that they've put almost no time and effort into and know almost nothing about?

Keep in mind, if I was a malicious person, I would've hooked Kovri in 2017 and reaped the bounty of 0days; thus doubling my profits at the community's expense. But I'm not that person.

So, if the Monero community, of which less than 10 people have actually contributed to Kovri Project, really wants to be a leader in privacy; then I'd advise for everyone to please look at the situation more objectively.

Single-system overlay network anonymity solutions are NOT THE FUTURE. I truly believe this because evidence is starting to grow supporting this idea.

I believe that Sekreta *is* the future. If not Sekreta, then an offshoot of (or something very similar) until societal collapse engineers new hardware from the ground-up. At that point though, the cheapest solution will win; not the most private. So, until then, the massive gaping holes for network privacy adoption are filled up more by Sekreta than anything else at the moment. This has been empirically proven.

Sekreta is also the chance for this community to redeem itself while proving to be a privacy leader. I'll tell you right now, the SOCKS proxy cop-out, a proxy of which I offered to implement years ago but was shot down, the proxy I wanted to implement because MONERO COULD'VE BEEN USING KOVRI THIS WHOLE TIME AS A RESULT, the proxy of which its non-usage was (affectionately called) Ponzirelli's foundation for the Kovri movement, should be a greater danger signal than anything else.

Now, where do we stand? If you're still concerned about having a baked-in I2P router, then you're completely missing the big picture. Here's your best options at this point:

1. Allow me to bill my 2nd to last milestone to Sekreta. By "allow", I mean that only the very few people who donated $50k should really have their voices considered
2. Allow me to use my *last* milestone to integrate Sekreta into Monero. Monero gets the credit as privacy leader as well as opens up the possibility to adopt Sekreta as a Monero Community project
3. Integration will consist first of the convenience API. Monero will be the testbed for developing this extremely important component. Rudimentary hooks into Tor and/or Kovri will soon follow. Components like SEK and 4SE can still be in the design process at this time because Monero would be only using a primitive SSD via the Convenience API. I want this done now. NOW. I can complete the integration by Q1 2019 and preliminary hooks by Q2 at the latest (this would interfere with the planning phase so expect related inconveniences as a result). If I have experienced engineers helping me though, we could get this done sooner.
4. My future FFS requests would be primarily for Sekreta as it is a new, innovative, solution - but I have no plans on "abandoning" Kovri.

*or*

1. Don't allow me to bill for Sekreta, piss me off, lose the opportunity to innovate, and get a shit-router integrated instead. Other privacy projects will realize that Sekreta is *NOT* a Monero thing and will adopt as a result
2. You're stuck with a dependency that no one will have the confidence to use and will instead want to default ALL OF THEIR TRANSACTIONS over Tor via Monero's proxy-of-shame https://forum.getmonero.org/9/work-in-progress/90923/lee-clagett-vtnerd-broadcast-transactions-over-tor-hidden-service. This is a great threat to privacy: not philosophically, but absolutely fucking empirically as proven by Sekreta - and puts Monero into shit-coin tier innovation. Boring.
3. Pigeon-hole Monero while projects like Nym take the lead in privacy https://www.coindesk.com/this-binance-backed-crypto-startup-wants-to-anonymize-everything (Sekreta eliminates a big chunk of Nym's edge)
4. My back taxes (apparently no one mentioned that monero = income tax), and being burned in 2018, will make me do what I need to do to survive.

I recommend that Kovri continue development in tandem with Sekreta. I've handed over almost all the reigns to Sean so I can devote time to Kovri code development over anything else kovri related, but I have no interest in Kovri 1.0. Also, Monero should have no interest in Kovri 1.0 because other implementations are being developed in tandem (as noted in the Sekreta draft). Sekreta CAPITALIZES on this new privacy ecosystem VERY WELL at YOUR benefit, so I would advise to think about the future and diverge your time and funding as appropriate.

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January 09, 2019, 10:37:54 PM
 #40224

If you're in the Netherlands, join us for the first Monero Meetup in Utrecht on Thursday night, from 7 PM to 9 PM in Bar De Stadstuin, Europalaan 20.
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January 10, 2019, 04:18:30 PM
 #40225

Crypto Mining Malwares Netted Nearly 5% of all Monero

2 researchers from Universidad Carlos III de Madrid and King’s College London published a report estimating hackers have mined 4.32% of all Monero.
They are not sure how much of the Monero was cashed out.
Instances of crypto-mining malware increased by well over 4,000 percent last year, according to McAfee.

https://www.coindesk.com/crypto-mining-malware-has-netted-nearly-5-of-all-monero-says-research

.
.HUGE.
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January 10, 2019, 04:21:53 PM
Last edit: January 10, 2019, 05:42:19 PM by jwinterm
 #40226

Circle/Poloniex doing an AMA on /r/cryptocurrency:
https://np.reddit.com/r/CryptoCurrency/comments/aeikjp/ama_we_are_sean_neville_jeremy_allaire_team/

Several questions about Montenero (and return of the trollbox).
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January 10, 2019, 06:07:41 PM
 #40227

Circle/Poloniex doing an AMA on /r/cryptocurrency:
https://np.reddit.com/r/CryptoCurrency/comments/aeikjp/ama_we_are_sean_neville_jeremy_allaire_team/

Several questions about Montenero (and return of the trollbox).

Non read only link.

https://www.reddit.com/r/CryptoCurrency/comments/aeikjp/ama_we_are_sean_neville_jeremy_allaire_team/

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January 10, 2019, 08:07:36 PM
 #40228

Guys can you explain growing difference between XMR Network hashrate and the All Known Pools hashrate?

According to https://miningpoolstats.stream/monero

XMR Network hashrate = 463.06 MH/s
All Known Pools hashrate = 299.70 MH/s

I observe for this difference the whole last month, it stared from as low as 5% (5% unknown origin hashrate relative to known origin hanshrate e.g. All Known Pools hashrate). BUT IT GROWS MONOTONICALLY to >50% relative to All Known Pools hashrate TODAY.

UNKNOWN ORIGIN HASHRATE HAS GROWN FROM 5% to 50% i.e. 10 times in less than ONE MONTH.

51% Attack?! ASICs?! WTF???!!!
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January 10, 2019, 08:22:22 PM
 #40229

ANYONE mining or using Beam.

https://bitcointalk.org/index.php?topic=5052151.msg49163769#msg49163769

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January 10, 2019, 08:52:09 PM
 #40230

Guys can you explain growing difference between XMR Network hashrate and the All Known Pools hashrate?

According to https://miningpoolstats.stream/monero

XMR Network hashrate = 463.06 MH/s
All Known Pools hashrate = 299.70 MH/s

I observe for this difference the whole last month, it stared from as low as 5% (5% unknown origin hashrate relative to known origin hanshrate e.g. All Known Pools hashrate). BUT IT GROWS MONOTONICALLY to >50% relative to All Known Pools hashrate TODAY.

UNKNOWN ORIGIN HASHRATE HAS GROWN FROM 5% to 50% i.e. 10 times in less than ONE MONTH.

51% Attack?! ASICs?! WTF???!!!


It is unknown, but that doesn't mean it is all from the same source. Maybe some private pools or otherwise unlisted pools. Mining hashrate coming from other coins? Dunno.
I guess ASICS would mean that we are going back to ~1GH/s, but what manufacturer would take that risk knowing that Monero will just change the PoW again thus bricking those devilish machines? So no, I don't believe in return of the ASICS.
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January 10, 2019, 09:09:50 PM
 #40231

Heh I suppose it's out of the realm of supposition that a private cryptocurrency would necessarily draw a majority private mining base, like the kind not keen on packaging all their miners data and sending their mining data to one source or another, right?

I mean speculating on an 'unknown' mining base is the same as looking at the block explorer and trying to make a rich list without a public facing address/viewkey upload registry for the most part imo.

Sure it could be a lot of things, good and bad. Both nature of privacy and the lack of coin in the pocket more often than not inhibit the spread of information, which contrary to many beliefs does come at a cost.
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January 10, 2019, 09:19:03 PM
 #40232

When next HF (or network update which is like many pointed out better name)? Feel out of the loop. Do Monero already switched to one HF a year?

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January 10, 2019, 09:48:46 PM
 #40233

Heh I suppose it's out of the realm of supposition that a private cryptocurrency would necessarily draw a majority private mining base, like the kind not keen on packaging all their miners data and sending their mining data to one source or another, right?

I mean speculating on an 'unknown' mining base is the same as looking at the block explorer and trying to make a rich list without a public facing address/viewkey upload registry for the most part imo.

Sure it could be a lot of things, good and bad. Both nature of privacy and the lack of coin in the pocket more often than not inhibit the spread of information, which contrary to many beliefs does come at a cost.

Philosophically you are right. But I don't speak about Philosophy, but rather about a real "ground truth" treat like 51% attack on ETC done few days before.

Usage of unknown "hidden" pools is quite strange practice since there were a lot of ASICs and botnets in the XMR past that've used public "official" pools with great success. There is no need for someone to build "hidden" pool - EXCEPT he want to 51% attack us...

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January 10, 2019, 10:04:10 PM
 #40234

Hey what can I say .. I mean it would be a drop in the bucket if the mining algo wasn't changed and then we'd probably be talking about asics or something instead of 51% attacks but at least we kept our dignities!!1

Realistically I would prepare for the worst and expect a pretty nice re-org myself. But then again this thing forks every six months so worst case is we're down until then, after they unwind a bunch of things and we're all the more broke for it.

Either bend over for asics or get bent over by the people the asics are there to stop, kinda really only two choices when it comes to PoW and not having enough hash rate. I mean, what people are being empowered by a permanently vulnerable chain? But what do I know not enough I guess.
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January 11, 2019, 04:56:06 AM
 #40235

Circle/Poloniex doing an AMA on /r/cryptocurrency:
https://np.reddit.com/r/CryptoCurrency/comments/aeikjp/ama_we_are_sean_neville_jeremy_allaire_team/

Several questions about Montenero (and return of the trollbox).
I love the former trollbox in Poloniex, that looks very funny.
After removing / disabling the troll box around one year ago, the exchange looks a little bit boring.  Grin
With troll box, the exchange will become more lively.

In contrast, I known that trollbox is also a perfect channel to spread FUDs.
However, investors should be smart and protect themselves from FUDs that are not only spreaded in trollbox.
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January 11, 2019, 09:00:29 AM
Merited by Globb0 (5)
 #40236

Hueristic, dEBRUYNE, Fluffypony!

WAKE UP!

According to:
https://miningpoolstats.stream/monero

XMR Network hashrate = 504.79 MH/s
All Known Pools hashrate = 311.13 MH/s

The Relative Unknown Origin hashrate = Unknown Origin hashrate / Known Origin hashrate = 62%,
when it equals to 100%, it is 51% ATTACK!!!

Just 2 days ago the Relative Unknown Origin hashrate was 30%:
https://bitcointalk.org/index.php?topic=583449.msg49139862#msg49139862

Just 1 month ago, the Relative Unknown Origin hashrate was 5-10%.

SOS. SOS. SOS.
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January 11, 2019, 09:59:15 AM
 #40237

when it equals to 100%, it is 51% ATTACK!!!

Not really. The unknown hashrate is just... unknown. It's not all controlled by one entity.
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January 11, 2019, 10:27:26 AM
 #40238

Its evidence of sudden and steady change, maybe someone can try to look into it and put his mind at ease?

We can do without anymore big drama for a while.


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January 11, 2019, 11:11:02 AM
 #40239

"Not really. The unknown hashrate is just... unknown. It's not all controlled by one entity."
https://bitcointalk.org/index.php?topic=583449.msg49172936#msg49172936

- NO! Unknown hashrate is NOT just... unknown. It is a Potential Threat of 51% attack if not proven else.

"Its evidence of sudden and steady change, maybe someone can try to look into it and put his mind at ease?"
"We can do without anymore big drama for a while."
https://bitcointalk.org/index.php?topic=583449.msg49173404#msg49173404

- NO again. It is BIG drama for Honest miners, because the ratio (Hashrate [MH/s] / Price [$]) > 10:1 today. It grows all the latest year from 2:1 to 4:1 ... 6:1 and now to 11:1. Regardless of 51% attack or not, our Honest miners become bankrupts soon!

We, as The Community, should consider the steps to prevent this unknown hashrate attack. I don't know what the steps. Let's begin our thoughts from a formal pool registration procedure onto XMR blockchain and digital signatures of all mined block candidates to belong to a given pool formally registered... Any better ideas?

Monero blockchain is in definite danger last week.
florida.haunted
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January 11, 2019, 11:15:50 AM
 #40240

Thank you for your warning.
I checked but don't see the pool that has dominant hashrates as you said.
Can you tell me which pool has 62% of Monero total hashrates, please.

This is UNKNOWN. All "legal" pools listed in
https://miningpoolstats.stream/monero
have total hashrate just 312 MH/s absolute now.

This is the PROBLEM: Unknown part of hashrate is 62% (507 MH/s absolute) as big compared to known part belongs to known pools.

But just A MONTH AGO, Unknown part of hashrate was 5-10%!
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